REGISTERED NUMBER: 03642996 (England and Wales)

Financial Statements for the Year Ended 31st March 2025

for

Management Systems UK Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr P A Clarke

SECRETARY:

Miss A C Cooper

REGISTERED OFFICE:

Ground Floor

Southway House

29 Southway

Colchester

Essex

CO2 7BA

REGISTERED NUMBER:

03642996 (England and Wales)

FIXED ASSETS

Tangible assets

4

19,986

26,433

CURRENT ASSETS

Stocks and work in progress

1,523

18,999

Debtors

5

33,834

8,655

Cash at bank

21,591

30,403

56,948

58,057

CREDITORS

Amounts falling due within one year

6

5,686

20,087

NET CURRENT ASSETS

51,262

37,970

TOTAL ASSETS LESS CURRENT LIABILITIES

71,248

64,403

PROVISIONS FOR LIABILITIES

3,776

-

NET ASSETS

67,472

64,403

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

67,470

64,401

SHAREHOLDERS' FUNDS

67,472

64,403

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 17th November 2025 and were signed by:

Mr P A Clarke - Director

1.	STATUTORY INFORMATION

Management Systems UK Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Office equipment

-

25% on reducing balance

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks and work in progress to their present location and condition.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Office

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1st April 2024

6,873

30,279

1,343

38,495

Additions

-

-

171

171

At 31st March 2025

6,873

30,279

1,514

38,666

DEPRECIATION

At 1st April 2024

5,142

5,911

1,009

12,062

Charge for year

433

6,092

93

6,618

At 31st March 2025

5,575

12,003

1,102

18,680

NET BOOK VALUE

At 31st March 2025

1,298

18,276

412

19,986

At 31st March 2024

1,731

24,368

334

26,433

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

270

-

Other debtors

10,445

-

Directors' loan accounts

22,473

-

VAT

-

1,412

Deferred tax asset

-

4,926

Prepayments and accrued income

646

2,317

33,834

8,655

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

-

1,516

Taxation and social security

1,706

-

Other creditors

3,980

18,571

5,686

20,087

7.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31st March 2025 and 31st March 2024:

2025

2024

£

£

Mr P A Clarke

Balance outstanding at start of year

(12,512

)

(426

)

Amounts advanced

36,534

20,013

Amounts repaid

(1,549

)

(32,099

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

22,473

(12,512

)

8.	RELATED PARTY DISCLOSURES

Mr P A Clarke is a director and shareholder in Willow Tree Workshop Ltd. The amount due to the company from Willow Tree Workshop Ltd at the year end was £1,034 (2024: Nil)

9.	ULTIMATE CONTROLLING PARTY

The company is under the control of the director, who is also a 50% shareholder.